Filed June 10, 2024
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,844 | $51,175-24.1% | $70,515-44.9% | $75,163-48.3% |
| Participation rate | 93.6% | 60.9%+32.7pp | 68.3%+25.2pp | 67.2%+26.4pp |
| Annual return | 13.48% | 30.02%-16.5pp | 32.77%-19.3pp | 160.62%-147.1pp |
| Employer contribution / active EE | $2,056 | $1,826+12.6% | $2,973-30.8% | $2,670-23.0% |
| Participant deferral / active EE | $4,396 | $2,849+54.3% | $4,567-3.7% | $4,125+6.6% |
| Admin fee / account holder | $5,571 | $4,091+36.2% | $6,412-13.1% | $5,651-1.4% |